KONTAN.CO.ID - SYDNEY. Australian shares fell on Thursday, as early gains from solid jobs data were erased by losses among banks which were rooted in a Royal Commission's inquiry into the embattled financial sector. The S&P/ASX 200 index slipped 0.2 percent, or 13.1 points, to 5937.2. The benchmark had advanced 0.2 percent on Wednesday. Data showed employment rose in February in a 17th straight month, the longest such run since the series began in 1978, as hiring for full-time positions surged.
Australian shares slip, led down by banks
KONTAN.CO.ID - SYDNEY. Australian shares fell on Thursday, as early gains from solid jobs data were erased by losses among banks which were rooted in a Royal Commission's inquiry into the embattled financial sector. The S&P/ASX 200 index slipped 0.2 percent, or 13.1 points, to 5937.2. The benchmark had advanced 0.2 percent on Wednesday. Data showed employment rose in February in a 17th straight month, the longest such run since the series began in 1978, as hiring for full-time positions surged.
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